Workplace giving
Giving to charity and saving a bit of tax at the same time
The Charities Aid Foundation (CAF) Give As You Earn scheme is a great way to make a regular donation to charity. You choose how much you want to donate each month, and the money is taken from your pay before tax is calculated – so reducing your tax liability. You can choose whether the money goes directly to a named charity or charities, or to a Charity Account – which you then use to send donations to your favourite charities.
At a glance
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Tax savings
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Employee funded
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Flexible benefit
Tax savings
The money you pay for some benefits (such as your pension) is taken from your salary before tax and National Insurance are deducted. This means you don’t pay any tax on the money you use to fund these benefits. For some other benefits (such as tax-free saving for childcare) the tax is added back on to your contribution when the benefit is provided.
Employee funded (EE)
A benefit which you choose to join at an additional cost to you.
Employer funded (EF)
A benefit that is funded by the Company, at no cost to you.
Limited time benefit
You can only sign up to limited time benefits during March, or within three weeks of joining SAP.
Flexible benefit
You can sign up for flexible benefits at any point during the year. Be aware that you can’t always make changes to these benefits at any time during the year, so check on the conditions when you sign up.
